Dr. Douglas Scharre to Host Memory Loss Seminar at The Grove Columbus
The Grove at Oakleaf Village Memory Care Community is hosting a memory loss seminar. This seminar is aimed to dig deeper into the topic of memory loss, the importance of early detection, research, and more. We will be learning from Dr. Douglas Scharre, who is a cognitive and memory expert from the Ohio State University.
What: Everything You Wanted to Know About Memory Loss but Forgot to Ask
When: Wednesday, July 14, 2021. The event is from 1:00 – 2:30 p.m.
Where: The Grove at Oakleaf Village Memory Care Community – 5546 Karl Road, Columbus, OH 43229
Registration Link: www.wallick.com/memory
We hope to see you there!
Wallick Communities Announces Ownership Change
WALLICK COMMUNITIES ANNOUNCES OWNERSHIP CHANGE
Family-Owned Company Transitioning to Employee Stock Ownership Plan (ESOP)
Wallick Communities Co-Owners and Principals Howard Wallick, Julie Wallick and Tom Feusse today announced the company’s ownership transfer to its more than 1,100 associates through an Employee Stock Ownership Plan (ESOP). Wallick is the largest developer, owner and operator of affordable housing in the state of Ohio.
The ESOP is a new retirement benefit. Associates will earn Wallick stock and become part-owners of the company. Wallick’s co-owners considered multiple options for ownership transition while preserving the company’s culture, sense of family and independence. An ESOP helps secure the company’s future and growth while remaining a locally-owned and operated business.
“When Jack Wallick founded the company in 1966, he could not have imagined the company would grow to open doors to homes, opportunity and hope across 200-plus communities in six states, with more than 1,100 associates,” said Wallick CEO Amy Albery. “Moving to employee-ownership preserves Jack’s values and vision for the company, while enabling our associates to benefit from our success. We know that our associates already think and act like owners, putting residents first through genuine care, genuine character and genuine collaboration.”
“Additionally, employee ownership is a significant advantage as we continue to recruit and retain top talent. We believe employee ownership provides an opportunity for associates to benefit directly from the company’s growth and momentum that they are helping to create.”
According to the National Center for Employee Ownership, there are approximately 7,000 ESOP companies in the U.S., and 28 million employees participating in employee ownership plans. Data from the ESOP Center at Kent State University finds there are 286 ESOP companies in Ohio, which ranks the state in the top 10 nationally for the total number of ESOPs.
Wallick Communities (wallick.com) serves the affordable housing and senior living markets and operates five business divisions: Development, Construction, Asset Management, Affordable Housing Operations, and Senior Living Operations. With more than 1,100 associates, the company currently manages more than 200 affordable and senior communities across the Midwest, having developed and built more than 400 communities throughout its history. Wallick is Ohio’s largest developer, owner and operator of affordable housing. For over 55 years, the family business has adhered to its founder Jack Wallick’s ideals of integrity and consistent quality. Led by CEO Amy Albery and guided by its Board of Directors, Wallick is an employee-owned company.
Oakleaf Village of Sylvania and The Grove Voted Best in Toledo
Mature Living News’ annual Readers’ Choice Awards has announced Oakleaf Village and The Grove in Sylvania, OH are the winners of three categories: Best Senior Living Community, Best Assisted Living, Best Memory Care.
The Grove Sylvania opened five years ago, winning the Memory Care category each year since. Oakleaf Village of Sylvania has also won Readers’ Choice categories in the past.
Readers of the magazine are the judges, voting for the best of the Toledo, OH area. The favorites are recognized, from the best take-out restaurant to best radio personality and everything in-between, which included these three categories our communities won.
Sarah Malone promoted to CFO
Wallick Communities is pleased to promote Sarah Malone to Chief Financial Officer, where she will oversee all company finance activities and acquisitions. Asset Management will continue to report to Sarah in her new role as we work to secure her successor.
Sarah joined Wallick in 2018 to lead Asset Management, ensure our communities perform well financially, and play a central role in driving business growth through acquisitions. Sarah is not only in charge of ensuring our property portfolio generates a return on investment, but she also sees to it that our communities are operated per our vision to provide safe, affordable homes to families and seniors.
Before starting at Wallick, Sarah spent ten years at the Ohio Capital Corporation for Housing (OCCH), as a leader in fund management. Sarah oversaw the day-to-day activities of LIHTC asset underwriting in this position, including the approval process, construction management, and closing. She also worked closely with investors on proprietary fund investments.
Sarah is currently a board member for the YWCA of Columbus, a nonprofit with a mission to eliminate racism and empower women through dialog, education, and practical resources. She received a bachelor’s in business administration and marketing from Ashland University, followed by an MBA from Capital University.
Congratulations, Sarah.
Vote for The Ashford of Grove City for Best of the ‘Bus today!
The Ashford of Grove City (AGC) was nominated to win the “best senior living community” category of the Best of the ‘Bus 2021 contest.
Vote for AGC here, today! (See Q17). Opened in January, AGC is Wallick’s newest senior living community located in Grove City, OH that features independent living, assisted living, and memory care.
Best of the ‘Bus is put on by CityScene magazine and awards Ohio’s Best Ice Cream, Best Carry-out, Best TV Binge, and more – a total of 52 categories. CityScene, Columbus’ only locally and independently owned arts and entertainment magazine in Central Ohio, continues to share Columbus’ people, stories, and events after more than 20 years.
Skip to Q17 or cast your vote for all 52 categories. Either way, we hope that we can count on your vote!
Oakleaf Village and The Grove Sylvania are up for awards!
Oakleaf Village and The Grove Sylvania are up for awards!
Mature Living News’ annual Readers’ Choice Awards recognizes the greatest of the Toledo, OH area, from the best take-out restaurant to best radio personality and everything in-between.
The Grove Sylvania has won best memory care center four years straight, and Oakleaf Village has taken home the best senior community in the past. Help us secure a win for both communities in 2021 by voting here. Write in Oakleaf Village of Sylvania for the best senior living community and The Grove at Oakleaf Village of Sylvania for the best memory care center.
COVID-19 and senior care: Why senior living solutions are needed now more than ever
We asked 250 Caregivers and seniors about their thoughts and plans regarding Independent Living (IL) or Assisted Living (AL) looking forward in the next 3 years. The results reveal a lot of truths about the needs and fears of both caregivers and their senior loved ones. The data also suggests that getting the process started early is key so that your loved one doesn’t miss out finding a senior living solution. It also reveals the importance that quality of care, transparent pricing and value play, especial against the backdrop of the COVID-19 pandemic. Here are some things to think about that can help you make informed choices:
Stephanie Hess Promoted to Senior Vice President of Senior Living Operations
We are pleased to reveal Wallick Communities promoted Stephanie Hess to Senior Vice President of Senior Living Operations. Stephanie will continue to oversee the Company’s senior living sector and maintain her current responsibilities as she transitions from vice president to SVP.
“Stephanie has a long history with Wallick Communities,” said COO Amy Albery. It has been exciting to witness her grow and advance as she adopted multiple roles within our senior living sector over the past several years. Stephanie has the heart to ensure the group’s future destination is with a focus on our residents and the experience to continue to lead Senior Living Operations to the next level.”
Stephanie has over 25 years of long-term healthcare experience. Her career at Wallick Communities began in 2009 when she served as the executive director at Eaglewood Village, a former Wallick-owned community for seniors. For several years, Stephanie oversaw operations at Eaglewood, choosing to remain at the community after it was acquired by another company. During her brief hiatus from Wallick Communities, Stephanie also held leadership roles at Diversicare and AdCare. In 2017, Stephanie returned to Wallick as regional director of operations, being promoted to vice president the following year.
Stephanie received a bachelor’s in long-term health care administration and a master’s in health care administration, both from Ohio University.
Featured News
- Wallick Awarded 9% LIHTC for Wade Park Station in ClevelandMay 23, 2025 - 15:12 pm
- Wallick Welcomes Dr. Abraham Mathew, Senior Vice President of Senior Living OperationsMay 19, 2025 - 10:00 am
- Wallick at Ohio Housing Council’s Spring SymposiumMay 9, 2025 - 10:07 am
- Organizational Update – Expanding Leadership to Strengthen Alignment and StrategyApril 25, 2025 - 11:29 am
An Employee Owned Company
